Today’s article about Huobi Token (HT) will give you all detailed information including:
- Huobi Token what? What are the highlights and development roadmap of the project?
- Information about HT’s tokenomics includes: Key metrics, token distribution (token allocation), application of the token (token use case),…
- Where to buy HT? Store on which wallet?
From that information, you will be able to realize the potential of the project and decide whether to invest in Huobi token (HT). Let’s find out together!
What is Huobi Token?
Huobi Token is the official token of Huobi Global exchange. Huobi Token is built according to ERC-20 standard of Ethereum and HT was released by Huobi Group on January 24, 2018 through ICO fundraising.
Huobi Exchange is currently one of the major cryptocurrency exchanges in the world in general, as well as China in particular. Currently, Huobi has 3 websites corresponding to 3 regions:
- Huobi Global: For global.
- Huobi Korea: For Korea.
- Huobi Japan: For Japan.
Detailed information about HT token
Exchange rate HT today
Currently, you can see the price of HT token on Techtipsnreview Markets right at: https://markets.Techtipsnreview.com/currencies/huobi-token
Techtipsnreview Markets is a page that helps you to update real-time prices as well as view detailed information about Token Metric of a certain project. In more detail, you can visit the homepage and community page of the projects or filter the coins/token by Marketcap, Transaction volume,…
Key Metrics HT
- Token Name: huobi Token.
- Tickets: HT.
- Contract: 0x6f259637dcd74c767781e37bc6133cd6a68aa161.
- Decimal: 18.
- Blockchain: Ethereum.
- Token Standard: ERC-20.
- Token Type: Exchange token.
- Total supply: 500,000,000 HT.
- Circulating supply: 167,856,506 HT.
HT Token Allocation
With a total supply of 500 million tokens, HT is distributed as follows:
- 60% are released for free for members who buy Huobi Pro Point package of Huobi exchange.
- 20% is used as a reward for users and operation of Huobi exchange.
- 20% is held by the development team with a disbursement period of 4 years (equivalent to 25 million HT per year).
HT Token Sale
300M HT will be given to users who purchase a discounted service fee package on Huobi Pro using USDT.
HT Token Release Schedule
HT Use Case
HT has the following functions:
- Reduced transaction fees. Please refer to the HT holding milestones corresponding to the decrease here.
- Rewards when users refer friends. When they trade, a part of the fee will be converted into USDT, HT or bonus points for the ref.
- HT Key gets tokens of other projects in Primepool.
- Hold HT to participate in Huobi Prime, and transactions in Huobi Prime will also use HT. Huobi Prime is a form of token sale of a new project before listing on an exchange (IEO).
- Stake HT to receive interest on the exchange at Huobi Earn when there is a program.
In addition, 20% of revenue from Huobi Contract and 20% of revenue from Huobi Global will be used to buy back HT and burn. Brothers check the burning of HT monthly here.
How to earn and own Huobi Token
Currently, you can own Huobi Token by buying on exchanges that support buying and selling HT.
Huobi Token exchange & storage wallet
Huobi Token Storage Wallet – Techtipsnreview Wallet
YGG is an ERC-20 token, so it will be stored on Techtipsnreview Wallet follow these steps:
Step 1: At the main interface, select Receive.
Step 2: Enter HT in the search box.
Step 3: Copy the HT wallet address and send the HT token to this address.
HT Exchange – Techtipsnreview Exchange
You can now trade HT right on Techtipsnreview Exchange Follow the steps below at: https://exchange.Techtipsnreview.com/
Step 1: Connect the wallet via Techtipsnreview Extension.
Step 2: At the main screen of Techtipsnreview Exchange, select Uniswap (V3) or SushiSwap.
Step 3: Select Token to trade and fill in the necessary parameters for the transaction:
- Search for HT.
- If the search does not come up, you can paste the contract of HT in the search box: 0x6f259637dcd74c767781e37bc6133cd6a68aa161
Step 4: Enter the number of tokens you want to swap.
Step 5: Adjustment gas Gwei and slippage (slippage) according to demand.
Roadmap & Updates
Project team, investors & partners
In November 2013, Huobi raised Angel Round funding from Dai Zhikang and Zhen Fund. Huobi then raised a $10M Series A round in April 2014 from Sequoia China.
After reading this article, I hope you have fully grasped the information about Huobi Token (HT).
Here are some key ideas you need to know about HT through this article, It’s a:
- Huobi Token (HT) is the main token of Huobi exchange.
- The HT token is built on the ERC-20 standard.
- The total supply of Huobi Token is 500 million HT and issued through ICO.
Through this article, do you still have any questions about Huobi Token (HT)? What do you think about the development potential of this project? Please share your opinion right below the comment section and join the group Techtipsnreview Insights Chat to exchange and discuss with admins and many other brothers!
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Source: What is Huobi Token (HT)? Complete set of HT Tokens